The Claymore CEF Index-Linked GS Connect ETN (GCE) launched Monday on the NYSE Arca, another addition to the growing line-up of exchange traded notes (ETNs). This ETN gives investors access to a portfolio of liquid closed-end funds listed in the U.S. Remember to keep in mind that closed-end funds trade at a premium or discount to their net asset value.
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Mr. Lydon serves as an independent trustee of certain mutual funds and ETFs that are managed by Guggenheim Investments; however, any opinions or forecasts expressed herein are solely those of Mr. Lydon and not those of Guggenheim Funds, Guggenheim Investments, Guggenheim Specialized Products, LLC or any of their affiliates. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.